HSBC set a €648.00 ($753.49) price objective on Rational (FRA:RAA) in a report released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
RAA has been the topic of several other research reports. Royal Bank of Canada set a €475.00 ($552.33) price target on shares of Rational and gave the company a sell rating in a research report on Thursday, August 8th. Independent Research set a €620.00 ($720.93) price objective on shares of Rational and gave the stock a neutral rating in a report on Friday, August 9th. Baader Bank set a €565.00 ($656.98) price objective on shares of Rational and gave the company a neutral rating in a research note on Thursday, August 8th. Warburg Research set a €598.00 ($695.35) price objective on shares of Rational and gave the company a neutral rating in a research note on Thursday, August 8th. Finally, Deutsche Bank set a €654.00 ($760.47) target price on shares of Rational and gave the company a buy rating in a report on Tuesday, August 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average price target of €571.00 ($663.95).
Shares of FRA:RAA opened at €645.50 ($750.58) on Friday. The company has a 50-day moving average price of €610.89 and a two-hundred day moving average price of €589.02. Rational has a twelve month low of €428.33 ($498.06) and a twelve month high of €595.02 ($691.88).
RATIONAL Aktiengesellschaft develops, produces, and sells professional cooking appliances for industrial kitchens. It operates in two segments, RATIONAL and FRIMA. The RATIONAL segment offers combi-steamers, such as SelfCookingCenter and CombiMaster Plus; and care products for combi-steamers. The FRIMA segment provides the VarioCooking Center, a multifunctional cooking appliance that cooks in liquids or direct contact with heat.
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